Dialog Semiconductor to buy U.S. peer Atmel for $4.6 billion

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Topeka Capital Downgrades Atmel (ATML) to Hold

September 21, 2015 7:36 AM EDT

Topeka Capital downgraded Atmel (NASDAQ: ATML) from Buy to Hold.

For an analyst ratings summary and ratings history on Atmel click here. For more ratings news on Atmel click here.

Shares of Atmel closed at $7.27 yesterday.

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Craig-Hallum Downgrades Atmel (ATML) to Hold

September 21, 2015 7:35 AM EDT

Craig-Hallum downgraded Atmel (NASDAQ: ATML) from Buy to Hold.

For an analyst ratings summary and ratings history on Atmel click here. For more ratings news on Atmel click here.

Shares of Atmel closed at $7.27 yesterday.

... More

Wedbush Downgrades Atmel (ATML) to Neutral Amid Takeover

September 21, 2015 7:29 AM EDT

Wedbush downgraded Atmel (NASDAQ: ATML) from Outperform to Neutral after the company agreed to be acquired by Dialog Semiconductor (UK) LTD in a cash and stock transaction valued at $4.6B or $10.42 per share.

For an analyst ratings summary and ratings... More

FBR Capital Downgrades Atmel (ATML) to Market Perform Amid Takeover

September 21, 2015 6:44 AM EDT

FBR Capital downgraded Atmel (NASDAQ: ATML) from Outperform to Market Perform with a price target of $10.50 (from $11.00) after the company agreed to be acquired by German chipmaker Dialog Semiconductor announced its intent to purchase Atmel for $4.6 billion or $10.42 per share.

For an... More

Dialog Semi to Acquire Atmel (ATML) in $4.6B Deal

September 20, 2015 9:18 AM EDT

Dialog Semiconductor and Atmel Corporation (Nasdaq: ATML) announced that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a global leader in both Power Management (2) and Embedded Processing solutions. The transaction results in a fast growing and innovative powerhouse, supporting Mobile Power, IoT and Automotive customers. The combined company will address an attractive, fast growing market opportunity of approximately $20 billion by 2019.

Key points:

Transforms Dialog into a global leader in both Power Management and Embedded Processing with $2.7 billion of combined... More